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Yay, My Credit Score Is Pretty Decent Now

eits

eits

Lifer
creditscoresdec132009.jpg


dunno wtf is going on with experian, but i plan on getting to the bottom of it at some point...
 
What was your previous low score? How quickly did you improve?
I'm kinda new to the whole credit score thing, but it seems I've improved mine 40 points over the past year or so... is that any good? Currently at 731.
 
Most of his creditors probably reported to Experian. Different lenders use different reports.

Thus, you still have shitty credit.
 
How did you get 3? I didn't think you could get the 3rd one anymore (I forget which one it was). I ran my credit in October and only got the numbers from 2 of the 3.
 
CRXican said:
Most of his creditors probably reported to Experian. Different lenders use different reports.

Thus, you still have shitty credit.
Click to expand...

Only 10% of the scoring is for new credit, that includes both inquiries and new accounts (both 2 years or less). You can only "lose" up to 85 points out of 850 with the worst possible scoring for new credit.

Something in the 500s means late payments and/or defaults are showing on his Experian report.
 
How much does it cost to get each number?

I've gotten the free reports to verify nothing funky on them, but I'm curious about my score.

My complete guess is low 700s. I've got no bad things against me but not very long or extensive history.
 
Those scores don't mean jack. Those are not true FICO scores which are the only ones that matter. The only place to get them is from FICO themselves at around $13 a pop. The transunion service is very good for monitoring your credit but the scores they give you are pretty much useless.
 
Aflac said:
What was your previous low score? How quickly did you improve?
I'm kinda new to the whole credit score thing, but it seems I've improved mine 40 points over the past year or so... is that any good? Currently at 731.
Click to expand...

about 4 months ago, my credit score was about 680.

then, i checked it again last month and it was 560. there were a couple delinquent medical bills that were showing on my credit report that weren't supposed to be on there... 1, because i never got those bills, 2, because they were over 3 years old and your debt is wiped clean in 3 years of an unpaid bill (which i never received). those medical bills as well as a request to increase my credit limit through my bank and having it denied and, instead, having my spending limit lowered to only $1800 AND having a previous high balance on my credit card for $1877 all went towards decimating my credit score.

i took the time to get all of that corrected. now, i'm sitting pretty with my high credit score.

i knew there was no possible reason for me to have such a low score, even at 680. i've never taken out any loans or anything and i always paid off any bill that i received. something dumb that i did that i didn't know was a bad move was that i had a couple credit cards that were still open that i zeroed out and wasn't using, so i closed them. apparently, it hurts your credit score to do that. so, from now on, i'm not gonna do that anymore.
 
duragezic said:
How much does it cost to get each number?

I've gotten the free reports to verify nothing funky on them, but I'm curious about my score.

My complete guess is low 700s. I've got no bad things against me but not very long or extensive history.
Click to expand...

a little under $15/mo
 
boomhower said:
Those scores don't mean jack. Those are not true FICO scores which are the only ones that matter. The only place to get them is from FICO themselves at around $13 a pop. The transunion service is very good for monitoring your credit but the scores they give you are pretty much useless.
Click to expand...

transunion and equifax use the fico model of scoring. i went to the fico homepage and i'd have to pay for the to give me my transunion and equifax scores. why pay for numbers i already have?
 
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apparently, experian uses the vantage scoring model... they don't do fico scoring.

fuck experian. they wouldn't dispute any of my bullcrap negative accounts for some reason. and they use some bullcrap scoring system.
 
I don't remember who gave me what credit score. But back in May I bought a condo and my credit check came back with 798, 800, 805 I believe it was (I know the 800 and 805, I can't remember the 3rd exactly). Meant I got like a 4.85% interest rate on my condo loan, which I am happy with.
 
boomhower said:
Those scores don't mean jack. Those are not true FICO scores which are the only ones that matter. The only place to get them is from FICO themselves at around $13 a pop. The transunion service is very good for monitoring your credit but the scores they give you are pretty much useless.
Click to expand...

/agreed
 
After languishing in the mid to low 600s for years I finally got serious, took a huge chunk of my savings, adjusted my budget temporarily, and paid off about $15000 worth of revolving debt last fall.

At my home closing about 2 months ago the scores they showed my were all around 760. To say I was happy would be an understatement.

Yes - I know I should have checked before, but I didn't before the pre-approval and I didn't figure I needed to afterwards. The broker assured me that I was good to go.
 
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